By Andrew Griffiths
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Extra resources for 101 Ways to Boost Your Business
6. ............................ 7. ............................ 8. ............................ 9. ............................ 10. ............................ 45 4 Business relationship booster tips In business we form relationships with many different people. These relationships are on a number of different levels, requiring the average business person to change hats regularly throughout the working day. The relationship you will have with your staff is different from the relationship you will have with your bank manager or with your customers.
If you stop advertising altogether, you can compound your problem. The point behind this booster tip is the need to plan your cost cutting; don’t just be reactive. 39 101 WAYS TO BOOST YOUR BUSINESS 17 How to know what to charge One of the hardest issues that all business operators face is knowing how much to charge. If your prices are too high you might not get any customers, and if your prices are too low you might get a lot of customers but make no money. It’s a fine line that is often hard to determine.
In that case, the partners were silent and very supportive. The biggest problem with partnerships is that the partners spend a lot of time planning the honeymoon and no time planning the divorce. What I mean by this is that one day, you may find that your business partner is driving you crazy and you no longer want to be involved with them. If you have a written plan and agreement on what to do in this situation, you just pull it out and implement it; it’s like a business pre-nuptial agreement.